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  1. #1
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    Default How low does the dollar go?

    Worst case? It wont go below 50c against the US Dollar??

    Maybe in the 59-62 cent range?

  2. #2
    Advanced Member Entrep's Avatar
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    wow, seriously!? I would be pretty surprised that low!

  3. #3
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    Quote Originally Posted by Entrep View Post
    wow, seriously!? I would be pretty surprised that low!
    that figure was worst case stuff.

    Hoping it doesnt drop below 60c usa. A real weak dollar would be horrible.

  4. #4
    Ignorant. Just ignorant.
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    Quote Originally Posted by brettdale View Post
    that figure was worst case stuff.

    Hoping it doesnt drop below 60c usa. A real weak dollar would be horrible.
    Given what happened with the GBP and the FTSE after the Brexit referendum, it might just be time to go shopping!

  5. #5
    Senior Member Toulouse - Luzern's Avatar
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    Just how much FX savvy is there in the Coalition Finance team ...

  6. #6
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    I can't see it plummeting. Economies perform despite the govt, not because of it. I predict a gentle tizzy at most. This is by no means on the same scale a BREXIT or similar, although it might feel like that to some :-)

  7. #7
    Legend peat's Avatar
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    well I think it will go to 68 US cents at least and maybe 65 at worst, but probably not that low.
    For clarity, nothing I say is advice....

  8. #8
    Guru Xerof's Avatar
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    You young turks need to go back to when Winnie was Treasurer - he managed to talk it down by a material number (trying to find a chart that'll show 1996)

  9. #9
    Legend peat's Avatar
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    Quote Originally Posted by Xerof View Post
    You young turks need to go back to when Winnie was Treasurer - he managed to talk it down by a material number (trying to find a chart that'll show 1996)
    here ya go
    NZDLT.JPG
    For clarity, nothing I say is advice....

  10. #10
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    Quote Originally Posted by peat View Post
    well I think it will go to 68 US cents at least and maybe 65 at worst, but probably not that low.
    That would be a good start

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